City Of Philadelphia Budget 2025 Summary. The final operating budget rose from $6.29 billion to $6.36 billion after final. Philadelphia city council and mayor cherelle parker’s administration reached a tentative agreement this week on the fiscal year 2025 (fy ‘25) operating and capital budgets.

Yesterday, the philadelphia city council passed a landmark $6.37 billion budget for the 2025 fiscal year, which begins on july 1st. The department of revenue recently mailed over 348,000 real estate tax bills for 2025.